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TBT conversion rate too high?

TBT conversion rate too high?

  • Yes, it should be lowered!

    Votes: 82 45.1%
  • No, I think it's fair the way it is!

    Votes: 41 22.5%
  • Really don't care about it...

    Votes: 59 32.4%

  • Total voters
    182
Like real world currencies, the exchange rate is determined by the market. So if you want to lower it, you'd have to simply sell AC bells for less forum bells.

Sadly, this will never be possible because there will always be someone willing to buy forum bells for more than what everyone else is offering.
 
Changing the conversion rate is actually a double edged sword. If you lower it, you don't have to spend as much in-game Bells for more TBT Bells, but if you're going to sell TBT Bells, you're gonna have to sell even more TBT Bells to get more in-game Bells.
 
Changing the conversion rate is actually a double edged sword. If you lower it, you don't have to spend as much in-game Bells for more TBT Bells, but if you're going to sell TBT Bells, you're gonna have to sell even more TBT Bells to get more in-game Bells.

My point exactly!
 
Sadly, this will never be possible because there will always be someone willing to buy forum bells for more than what everyone else is offering.

Then, simply put, that's the value it should be at. Forum bells are harder to make than AC bells, so that's why it's like that. The AC economy is also much less stable than the TBT economy because of dupers, etc. So AC bell inflation has led to the current exchange rate between the two currencies. We could destabilize our own economy and inflate forum bells to match it, but why would we want to do that? The TBT economy is possibly even deflationary at the moment because of the collectible craze. So one deflationary economy against an inflationary economy, it's no wonder the exchange is so drastic. But the market knows best.
 
Pretty much what Jason said. And to a further extent what Murray said.


The game itself has the big problem with making it so easy to pile up money. And to go on what Murray said, you guys control that exchange rates. Not the staff. We don't go anywhere near it. If it's too high you have to figure out how to lower it on your own.

Wait couldnt you just make earning TBT easier??
 
Wait couldnt you just make earning TBT easier??

No?

That wouldn't fix it even if we could make it easier. The problem isn't that it's difficult to make BTB, it's that it's too easy to make bells in the game. You can make a lot of money on TBT just by being an active poster. You get anywhere from 1-20 bells per post depending on how big it is. Though certain things factor into that as well.

The point here is that the exchange rate, a concept and practice made and maintained by the members, is too high. The worth of BTB to you guys is a very, very high amount in game bells. If a group of people all decided to get together and lower it they could change it. Because people are going to want to trade with someone that is offering them a better deal. So even if people are still charging really high prices, the lower prices are going to be the ones getting more attention. Only takes a few people to do it.
 
Hate to bump this thread, but I noticed that the rate already went up to 6 million in-game Bells for 100 TBT Bells.
 
I've seen users accepting offers of 4 mil per 100 so the conversion rate is all over the place.
 
No, make it higher.

20mil for 100TBT

big money

If that ever happened, this will very much discourage buying TBT for in-game cash. Making 10 million Bells in an honest way takes a long time, and if that's the exchange rate, I'll stop buying other's TBT for in-game Bells.

This is the most hilarious post I've read on this site.

Congratulations.

Yep, I am a duping nazi (someone who actually tells people to not dupe at all, even for personal private use). I know the site only discourages trading duped items (even for other duped items), but I would discourage duping completely.
 
lols it's already creeping up to 7mil, im sure we'll see 10mil eventually, maybe even 15 mil
people are craaaaazzzzzy
 
Boycotting...
Try it. Even if 99% of everyone lowers their buying prices, what is to stop one person from keeping it the same and having allllll the customers? There's nothing that can be done about it. Been there, done that. It doesn't work.
 
If that ever happened, this will very much discourage buying TBT for in-game cash. Making 10 million Bells in an honest way takes a long time, and if that's the exchange rate, I'll stop buying other's TBT for in-game Bells.



Yep, I am a duping nazi (someone who actually tells people to not dupe at all, even for personal private use). I know the site only discourages trading duped items (even for other duped items), but I would discourage duping completely.
Ok be a duping "nazi" but don't ever compare something like this to racism smh people these days.
 
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